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Question 1 Which of following statements is true? Managerial accounting focuses on historical transactions. Managerial accounting focuses on relevant data. Managerial accounting dses the cash

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1

Which of following statements is true?

Managerial accounting focuses on historical transactions.

Managerial accounting focuses on relevant data.

Managerial accounting dses the cash basis for recording transactions.

Financial accounting focuses on future data.

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